Gold is trading at Rs 28,959 per 10 grams as speculators indulged in raising bets amid a firm global trend.
New Delhi: Gold prices were trading up by Rs115 to Rs 28,959 per 10 grams in futures trade on Thursday as speculators indulged in raising bets amid a firm global trend.
At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 115, or 0.40 per cent, to Rs 28,959 per 10 grams in a business turnover of 11 lots.
The yellow metal for delivery in October gained Rs 75, or 0.26 per cent, to Rs 28,919 per 10 gm in 401 lots.
Market analysts attributed the rise in gold prices at futures trade to positive global cues.
Meanwhile, gold climbed 1.29 per cent higher at USD 1,276.90 an ounce in New York on Wednesday.